@BobKamman well said Bob. I said in another post that if we do not prepare this, then our clients may find another CPA. I know who owns the companies. Like I said in the other post, if I decide to do this for existing applicable entities then I will make sure that the client signs an ironclad agreement that they are responsible, solely responsible, for any penalties that may result, and that they must let me know immediately if there is any change in BOI information. If the government does not rescind this, then hopefully they will reduce the amount of the massive penalties, which is a big problem for many. Also, if there is a change in the future to BOI information, then extend the time period to report the change, especially for companies existing prior to December 31st 2023.